Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.32 per $10,000 · paid last 24h +0.194%
Price spread now: Phemex against edgeX+0.033%78s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.033%, 7d avg +0.005%
Together, before fees−0.009%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phemex is 0.028% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.005%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TSLAUSDC376.68−0.0063get 0.0032% / 4h2h 15m$396K$1.1M10x
ShortPhemex TSLAUSDT376.800get 0.0000% / 4h2h 15m$1.1M$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$13.31
Price spread: +0.033% → +0.005%
$2.83
Slippage, 4 orders
−$55.8
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$60.66
Costs to cover
0.768%
Break-even
38.9 days
Slippage from edgeX: live order book, 1 min ago; Phemex: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 1 min ago4.25 bp9.0 bp −$912.1 bp −$121doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago1.86 bp29.7 bp −$30doesn't fitdoesn't fitdoesn't fit

TSLA on 36 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDClong−0.0063%4h376.68long leg$396K$1.1M10x
Hotstuff TSLA-PERP−0.0032%1h376.47−0.054%$34K20xas long as short
Bybit TSLAUSDT0.0000%8h376.88+0.054%$10.1M$14.0M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.85+0.046%$11.3M$15.4M25xas long as short
Gate TSLA_USDT0.0000%8h376.90+0.060%$2.3M$3.2M100xas long as short
Bitget TSLAUSDT0.0000%8h376.80+0.033%$17.2M$23.7M100xas long as short
StandX TSLA-USD0.0000%1h376.55−0.033%$200K$958K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.54−0.036%$18K$191K10xas long as short
Phemex TSLAUSDTshort0.0000%4h376.80+0.033%$1.1M$14K10x
Aftermath Perps TSLAUSD+0.0023%1h376.57−0.028%$38K$36K10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSLA+0.0032%1h376.72+0.012%$1.2M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h376.59−0.023%$132K$85K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.66−0.004%$126K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.53−0.039%$44.7M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.55−0.033%$300K$144K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.72+0.012%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.45−0.060%$1.5M$1.1M10xas long as short
QFEX TSLA-USD+0.0053%1h376.71+0.009%$1.3M$6.2M10xas long as short
Lighter TSLA+0.0096%1h376.74+0.017%$805K$3.7M20xas long as short
Pacifica TSLA+0.0100%1h376.43−0.065%$390K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.48−0.052%$1.4M$3.3M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.51−0.044%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.55−0.033%$41K$25K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.80+0.032%$74610xas long as short
Coinbase International TSLA-PERP-INTX+0.0120%1h376.58−0.025%$517K$387K10xas long as short
Aster TSLAUSDT+0.0142%8h376.81+0.036%$575K$190K50xas long as short
RISEx TSLA/USDC+0.0175%1h376.82+0.038%$226K$656K20xas long as short
Variational Omni TSLA+0.0179%8h376.75+0.021%$1.7M$1.5Mas long as short
Binance TSLAUSDT+0.0199%8h376.85+0.045%$47.2M$115.0M25xas long as short
Extended TSLA_24_5-USD+0.0200%1h376.72+0.013%$484K$2.7M10xas long as short
Bullet TSLA-USD+0.0203%1h376.84+0.044%$6K$94K10xas long as short
BloFin TSLA-USDT+0.0215%8h376.80+0.033%$584K$367K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.30+0.166%$76K$39K30xas long as short
Nado TSLA-PERP+0.0233%1h376.52−0.041%$499K$99K20xas long as short
Phoenix TSLA+0.0297%1h376.78+0.028%$1.3M$502K20xas long as short
GRVT TSLA_USDT_Perp+0.0682%8h376.83+0.041%$849K$2.9M10xas long as short